2891 Cooks Rd Listing Details & Market Data

Offering: 2891 Cooks Rd is an 8,100± SF building on 0.4± acres with its own driveway entrance. Also offered for sale.

Location: Centrally located in the Cook Industrial Subdivision in the Siler Road industrial corridor next to Dahl Plumbing and the former Nambe foundry.

Building: 8,100sf two-story steel building has a downstairs with large workshops, offices, and storage space. Upstairs consists of offices with views of the mountains.

Upgrades: Building was recently remodeled and upgraded with fire sprinklers, secure roll up doors, mini split HVAC units, air exchanger, workshops, and Santa Fe style front offices.  High end security/camera system available for sale separately.

Zoning: I-2 Industrial Zoning allows for use as office, industrial, manufacturing, automotive, contractors, trades, indoor/outdoor self-storage, construction materials, vehicle/fleet parking, food service, residential, religious, educational, and more.

Utilities: Served by heavy power 3Ph 480V 400A electrical service, NM Gas Company and city water/sewer.

Basic Lease Terms: Rent $12,800/month, 5-year minimum term, 3% annual escalation, modified gross rents increase with increases in taxes & insurance, personal guarantees from principals, contingent on review of financials & credit of tenant & guarantors, uses must comply with both federal and state law, landlord will sell the building as an investment grade asset once the lease is in place.

Owner is a New Mexico Real Estate Licensee.